Herbert Smith Freehills (HSF) has increased pay for its trainees, newly-qualified (NQ) lawyers and those at various levels of post qualification experience (PQE).
NQs at HSF will now receive £63,000, up £1,500 on 2012. Meanwhile pay for one year PQE lawyers rose £500, to £69,000 while those at two-year PQE will see salaries rise £2,000, to £77,000. Pay for three-year PQEs has risen £1,000, to £86,000.
Meanwhile, trainees will see their salaries increase £1,000, with first-year trainees seeing their salaries rise to £39,000 and second year trainees to £44,000.
The salary increases are effective from 1 June 2013:
- Trainees – salary increase to £39,000 for first year trainees and £44,000 for second year trainee
- NQs – salary increase to £63,000
- 1 year PQE – salary increase to £69,000
- 2 year PQE – salary increase to £77,000
- 3 year PQE – salary increase to £87,000